The middle class: does size really matter?

Alarm over the ‘shrinking’ middle class hides a more important truth about the state of income inequality The middle class might be developing a bit of a complex about its size. After all, rarely a month goes by without a headlines about how it is “shrinking”. Sometimes the preferred verb is “hollowing out”, but that doesn’t sound too great either.The latest shrinkage alert comes from the OECD, in a new report showing that the middle class now accounts f